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What about the risk of getting covid19 virus onto your fingers from the keys of the pin-pad when doing SCA (Strong Customer Authentication) above the waived's threshold EBA has fixed (50 EUR)?

Better to do mobile proximity payments in stores, by having your own smartphone Digital Wallet and providing SCA via biometrics (e.g. fingerprint)... at the end of the day, my smartphone is in my own control, I don't need to do any digit-pressure onto external devices, and I keep it quite far from the eft terminal.

Please, look up at such a statement: "The Government says Britain's imminent exit from the EU will enable it to skirt PSD2 rules that currently label cashback without a purchase as a regulated payment service".

I wonder if  the  use of the verb "to skirt" is just fitting ...

Intruguing solution, even if it's not so clear how the Bitcoin's reward are managed. I guess it's being by a sort of "cash back" backed by merchants where the Visa Card is used for purchaising (an alternative to the old fashioned Card Related Programs Incentives).
Need to be further acquainted under the regulation standpoint.

It’s not so clear whether such a solution is also compliant with new standard PCI Contactless Payments on COTS (CPoC), or only to PCI Software-based PIN entry on COTS (SPoC). Unfortunately, terms like “PIN on Mobile” as well as “PIN on glass” are tremendously ambiguous and unclear, only good for a journalistic extent …

In Europe the 2009/110/EC directive (the so called “EMD2) lays down the rules for the pursuit of the activity of issuing electronic money.

The European Central Bank, national central banks can be recognized electronic money issuer when not acting in their capacity as monetary authority.
On the other hand, other public authorities and Member States or their regional or local authorities when acting in their capacity as public authorities may issue electronic money.

"This will allow Mastercard to diversify its business beyond its extensive card network" ...  a huge relevant statement, since comes from Mastercard indeed! (the power of PSD2 ...).

Just a couple hot issues, among others, for PSPs UK licensed out of EU wether no Brexit agreements would be envisaged, are:

1. Lost of pan-european passport rights (as per PSD2);
2. Interchage Fee exemption (as per IFR), hence, high risk for cards issued by an UK licensed PSP to be banned in other EU country at acquiring side (how many merchants would be happy to pay an high MSC in case of UK card acceptance?).

Mybe Revolut will be not the fisrt one to think about the opportunity to move to other EU countries? ...

The anonymisation of data is the real issue since nobody can truly guarantee the trustworthiness (and accountability) ... unless the sytem has built on blockchain (better on a public/hybrid ledger).
Anonymisation is a process that could be improved thanks a sound implemetation of smart contracts on a distributed computing platform (Ethereum like) with a decentralized governance.

Please, bear in mind that I'm speaking about the anonymisation process per se and the improvments it can be obtained by using the blockchain; of course I'm not speaking about the possibility to use a blockchain for cryptocurrency payments.

What a daring, this document by Policy Department ! (look at what I put in bold):

"To avoid recurrent instability of the banking system, commercial banks would need to come up with more reliable funding sources than deposits. As the fractional reserve character of the current banking system can be a major source of instability, such a disruptive change is not necessarily a bad development, but could finally pave the way for a more stable financial system." (excerpt from the document provided by the Policy Department at the request of the European Parliament's Committee on Economic and Monetary Affairs).

I’m not convinced about the final last sentence “At first, it will be the unprofitable slice that no one wants. Then the rest of the pie.”

In my opinion is just the opposite, as the profitable slice of banking business is firstly poached by such OTT like Amazon, then the rest of the pie would be easily left to the banks.

That’s also the reason why I really believe that Jeff Bezos’s creature will not become a Bank in the early coming steps.